Tds u/s 194ia


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Querist : Anonymous

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Querist : Anonymous (Querist)
21 June 2014
Dear experts, one of the assessee, buying property from a person, who resides in US and does not have any PAN in India,

How to deduct and remit the TDS from the sale consideration?

Rupesh Jain (Expert)
21 June 2014 section 194IA is applicable on resident transfree not on non resident.

21 June 2014 tds is to be deducted under section 195 in this case.

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Querist : Anonymous

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Querist : Anonymous (Querist)
21 June 2014 But the vendor is Forgin National

Rupesh Jain (Expert)
21 June 2014 you can deduct the tds @ 20% due to he have not any indian PAN.


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